Has India done a China to its trade partners? Against huge opposition and popular discontent over the years, the Cabinet last week cleared 51 per cent foreign direct investment (FDI) in multi-brand retail and allowed 100 per cent FDI in single-brand retail. The move appears crafty in that it tries to change the perception of a reform impasse in the government while simultaneously aiding India’s negotiators to meet their peers...

-The Economic Times   After agreeing to inclusion of Group C government employees within the ambit of Lokpal, the standing committee on law and justice examining the bill recommended its exclusion from the proposed ombudsman's jurisdiction.  The standing committee, which completed its work on Wednesday after deliberating on various points contained in the draft Lokpal bill, had asked BJP, Left and other members to submit their dissenting notes to the panel.  Members, therefore, were...

Conceding a major Team Anna demand, the parliamentary committee examining the Lokpal Bill has decided to recommend that 57 lakh "Group C" Central Government employees - or the entire lower bureaucracy - be placed within the ambit of the anti-corruption ombudsman.  In a controversial decision, the panel also decided to exclude the prime minister from the Lokpal's jurisdiction as long as he holds office. This was at its final meeting to...

Watching the recent debate on the poverty line has been a depressing experience. As the debate unfolded, we witnessed self-righteous commentators engaged in a game of one-upmanship to prove that no one was more concerned for the poor than they, electronic media failing in its responsibility to inform the public simple facts and the Planning Commission proving itself incapable of communicating in simple terms the rationale behind its proposal either...

-The United Nations   Temperatures this year are the tenth highest on record since 1850, and the highest ever in a year which experienced a La Niña event, a meteorological phenomenon which is supposed to have a cooling influence on Earth’s atmosphere, a United Nations agency reported today. The findings are among the highlights of the provisional UN World Meteorological Organization (WMO) Statement on the Status of the Global Climate, which provides an...